VI
Viridian Ingni Propulsion
India · Hardware · Mobility
Viridian Ingni Propulsion develops electric motors and controllers using rare-earth-free and magnet-free technologies for vehicle manufacturers.
Product
Viridian Ingni Propulsion develops electric motors and controllers for original equipment manufacturers. Its designs focus on energy efficiency and reducing reliance on rare-earth materials and permanent magnets.
Based at IIT Madras Research Park in Chennai, the company combines local research and manufacturing with aftermarket support. Its product range includes propulsion motors for electric three-wheelers, with designs adapted to local operating conditions.
Funding history
2 rounds · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Pre-seed | ₹14.7M | Inflection Point Ventures — Lead | |
| SIPCOT Industrial Innovation and Scale-up Grant | Undisclosed | SIPCOT — Participant |